Where and How to Spend Your Bitcoins? - page 18.

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Quote from: Howard1102 on July 14, 2018, 01:21:21 PM

Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I never spent Bitcoin on the site; my main purpose was to invest. I know that Bitcoin is a coin that can make a profit and I think Bitcoin is more like a stock than a form of payment

I also invest in Bitcoin for long-term savings because I now think using BTC to pay for services is quite difficult due to the huge transaction costs. I believe that in the coming time there will be updates to help BTC trading become faster with lower cost now so it is really used in much of life.

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

You can withdraw them or just spend them on some sides on web or even purchase something in your country cause there are more and more shops that accept bitcoin, in future it will be easier to spend them, believe in that.

Rastafarian

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Actually, i have not planned of spending the bitcoin i possess, not even thinking of where to spend it. If it comes critical for me top spend it, i would first consider how relevant it will be to me in spending it because my bitcoin is very dear to me. I don't know what of you.

Strongball

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There isn't much shops and sites in my country that accepts bitcoins as of the moment, but when
that scene changes I can try spending on stuff and services I supposed. But for now, with
current market conditions and bitcoin prices, It's better holding and investing them for
a while, when prices start to increase and progress a lot better that will
be an ideal time to spend them.

Howard1102

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I never spent Bitcoin on the site; my main purpose was to invest. I know that Bitcoin is a coin that can make a profit and I think Bitcoin is more like a stock than a form of payment

lunaelucemauram

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Only few online shops and establishments accepts BTC or cryptocurrencies as a mode of payment. Most of them are hesitant to make it as mode of payment because of volatility that is why most of us are still converting our coins to fiat to be used to spend on anything. But if you really want to spend you hard earned BTC or altcoins but with high risk of exposing yourself then you can do that in the black market in the deep web, but you have been warned as not all of us can venture into it safely.

MalaViolina

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Go to deepweb and you will see how to spend BTC Bitcoins BTC.. But I prefer to save in wallet any coins you have. If you spending you lose money,becouse thaht thing you buy never will be expensive than price you pay. But bitcoin or any coin can be more expensive in future than now.

coly20032003

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There are some online stores that accept bitcoins. You can buy stuff there, which include some big companies I remember. Also, some local stores also accept bitcoins, for example, there is a Korean restaurant near me accept both bitcoin and bitcoin cash, which is pretty nice.

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

There are the same topics before that are asking the same thing.

Many merchants, online stores are accepting bitcoin and if by chance you shopped to your favorite local store don't be shy of asking them if they are accepting bitcoin.

Look for a local bitcoin community in your place and for sure there are trades there where you can pay with bitcoin.

millionaireshs

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

All people have different status of life. For me being as a wage earner all my earning reward from any other altcoin coins is for my family because as of now my profit income is enough to the expeses to my family.

pinkpanther03

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

this is depend on the place you belong, you can only use Bitcoin to shop online, remittances from Bitcoin to fiat currency, or you can also save it

for awhile and keep it in your bitcoin wallet or any legit wallet in crypto, something like that.

Vs225655

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I do not quite understand the essence of the question?
You can spend in stores that support calculation in bitcoins. Or, with the help of the exchange, convert into a dollar / euro.

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Even how many times this has been asked still i will answer

You can buy stuffs on internet using bitcoin,you can buy house and lots,cars and many more

You can pay bills and services using this coins and theres a lot that offers using cryptocurrency,but this is limited on what country you are living since theres some countries that has policies and some are banning crypto

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

where and how can you possibly spend your bitcoins and altcoins?

With Bitcoin it's easy. There are already plenty of shops that accept Bitcoin.
And then there are the "bitcoin cards" which allow you convert Bitcoin into fiat and spend like any card.

With altcoins it's not that easy. Litecoin or Ethereum may be accepted here and there, but not much else.
And new altcoin-branded cards start to be launched, but most don't have yet working products, so we need more patience.

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Quote from: charlotte04 on July 14, 2018, 08:21:22 AM

Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I usually use my Bitcoins into important things only. But I do not let my wallet that would have 0 balance of Bitcoin. I am a bit scared that I would be left out if Bitcoin goes high again.

I also agree with what you say. indeed we should not let the balance in our wallets become 0, because this is certainly quite detrimental to us when the time we really need it then we will be confused.

mrs_bitcoin

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Now the active development of the crypto currency industry has just started, therefore there are not so many places where it is possible to pay crypto currency. In general, now you can pay off the crypto currency only in online services and online stores.

TheBiochemist

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There is a coffee shop in Prague that only accepts BTC

Check this post at coinbase, they are also developing a pay service so things are moving along!

https://support.coinbase.com/customer/en/portal/articles/1834716-where-can-i-spend-bitcoin-

Crypto compare also have a nice list with places to look.

https://www.cryptocompare.com/spend/guides/where-to-spend-your-bitcoins/

Lets hope adoption picks up more speed so we can use crypto in our daily lives easier, that would be cool!

charlotte04

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I usually use my Bitcoins into important things only. But I do not let my wallet that would have 0 balance of Bitcoin. I am a bit scared that I would be left out if Bitcoin goes high again.

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You can buy stuff at a discount on Amazon.com with bitcoins using Purse.io,

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Quote from: kaushiks093 on July 14, 2018, 02:27:34 AM

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Look for a digital wallet in your country that has btc wallet feature and convert from btc to your currency then withdraw. Lastly spend it by your needs and wants

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